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Adia invests USD 200 mn in Indian medical device manufacturer Meril
The investment values Meril at an enterprise value of USD 6.6 bn
THIS MORNING: More AE Coin payments as crypto goes mainstream + Abu Dhabi Airports sees 13% y-o-y increase in passengers in 1H
Plus: Ajman NuVentures Center Freezone rolls out new pay-as-you-go business package
THIS MORNING: xAI in talks with G42 to lease data centers? + Nividia chip access stalled further…
Plus: Arada set to tap Islamic debt markets next week
UAE president eyes tech, trade, renewables cooperation during Eastern European tour
Agreements were signed with Hungary in the field of data center, renewables, and defense
Barakah nuclear plant to get fuel assemblies from Framatome
Plus: Singapore’s Quest Global to launch engineering centers in the UAE after joining NextGen FDI program
UK’s Gemcorp to raise USD 1 bn Africa fund from Abu Dhabi
UK-based asset manager Gemcorp is raising a USD 1 bn private credit fund from its Abu Dhabi office to finance…
THIS MORNING: To fire or not to fire Jay Powell? + Local airlines act fast to fill gap left by Wizz Air
Plus: Adnoc to transfer OMV stake to new investment arm
Mubadala pours more capital into CityFibre and PCI Pharma Services
Plus: Adia invests AED 17.7 mn in Anthem Biosciences’ IPO
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